Market Data Forecast

Technological Innovations to Fuel Non-Invasive Cancer Diagnostics Market, Says Market Data Forecast

The significant drivers are increasing incidence of cancer due aging, and increasing awareness about early cancer diagnosis.

 

Hyderabad, India -- (SBWIRE) -- 03/14/2018 -- Non-invasive diagnosis is a procedure of distinguishing a disease without or with the smallest incision of the body. Imaging is the most popular technique of cancer detection, however, cannot have genetic access; on the opposite hand, biopsies that have genetic access are difficult and troublesome to perform repetitively throughout the course of cancer diagnosing and medical care. Thus, newer techniques are developed in lines with non-invasive diagnosis corresponding to molecular diagnosing, bodily fluid-based immunoassays and chemical tests to identify chemical components within the body particularly from blood and urine.

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Continuous R&D works in Cancer research and its diagnosing in conjunction with some technological innovations are expected to fuel the market growth throughout the forecast period. The regular awareness programs and initiatives taken by government and healthcare organizations like National Awareness and Early Diagnosing Initiative (NAEDI) are spreading the attention among individuals towards cancer diagnosis and driving the market growth.

Breast cancer accounted for the biggest share of the non-invasive cancer diagnostic market in 2014, this is attributable to the rapid increase in the number of breast cancer individuals in women worldwide. In 2013, in the U.S. there were over 1,660,290 new cases of all variety of cancers diagnosed in 2013 (American Cancer Society).

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As per WHO, over 14 million cases of cancer were reported in 2012. About 8.8 million individuals died because of cancer in 2015, which was considerably over 8.2 million deaths in 2012. This significant range of cancer cases has aroused a pressing demand for the adoption of early detection and diagnosing techniques for cancer.

As of now, North America with its advanced cutting-edge technologies and sophisticated health care accounts for the largest share of global non-invasive cancer diagnostic market, followed by Europe. The Asia Pacific is expected to grow exponentially due to increased funding for cancer research.

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The major market contributors for the global non-invasive cancer diagnostic market are Roche Diagnostics, Quidel, Immunicon Corporation, Compugen, DiagnoCure, Abbott Molecular, GE Healthcare, Precision Therapeutics, Affymetrix Inc., Digene Corporation

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